Aurora Gold Corporation
OTCQB : ARXG
Berlin : A4G
STUT : A4G

Aurora Gold Corporation

May 02, 2013 09:00 ET

Aurora Gold Corporation Announces Update of Activities

ZUG, SWITZERLAND--(Marketwired - May 2, 2013) - Aurora Gold Corporation (the "Company," or "Aurora") (OTCQB:ARXG)(BERLIN:A4G) (STUTTGART:A4G), is a mineral exploration company focusing on exploration and development in the Tapajós Gold Province, State of Pará, Brazil.

The Board of Aurora Gold Corporation is pleased to announce that the area for the new Field Camp has been secured. Construction of the new complex has been initiated and will include accommodation and messing facilities, sample storage and is expected to be completed during Q4. Additional facilities including an on-site laboratory and maintenance workshops are expected to be completed during Q3.

Aurora, via its Subsidiary in Brazil, is also pleased to announce the filing for the Environmental License, representing the first step towards the Trial Mining License (LO). The company intends to test bulk samples and trial Oxide, eluvial and alluvial material from various targets including the previously identified Toucano primary gold occurrence.

All the components for a mobile concentration plant and on-site assay laboratory have been purchased and are being transported to Novo Progresso for assembly and subsequent delivery to Sao Domingos.

The Company's extensive soil geochemistry program was initiated on the 24th April and will target areas interpreted from mapping and air photography as potential hosts of economic mineralisation. The initial grid lines have been established and sampling will commence shortly.

The Company's Auger drill rig has arrived in Brazil and is awaiting the completion of customs formalities for onward transportation to Sao Domingos. Auger drilling will be utilized as a follow-up in anomalous areas of alluvial and eluvial sampling carried out during the Q3 of 2012 as well as in the vicinity of previously identified primary gold occurrences including the Toucano target and the Fofoca resource.

Aurora is also preparing to drill test the Toucano gold occurrence with conventional diamond drilling and expects to execute an agreement with the drilling Company shortly.

Aurora is continuing to work closely with Haywood Securities Inc to complete its application to migrate from the Securities and Exchange Commission (SEC) to the Toronto Stock Exchange -Venture (TSX-V).

ON BEHALF OF THE BOARD

Lars Pearl, CEO and Director

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains statements that plan for or anticipate the future, called "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of those terms and other comparable terminology.

These forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements about: our market opportunity; revenue generation; our strategies; competition; expected activities and expenditures as we pursue our business plan; the adequacy of our available cash resources; our ability to acquire properties on commercially viable terms; challenges to our title to our properties; operating or technical difficulties in connection with our exploration and development activities; currency fluctuations; fluctuating market prices for precious and base metals; the speculative nature of precious and base metals exploration and development activities; environmental risks and hazards; governmental regulations; and conduct of operations in politically and economically less developed areas of the world.

Many of these contingencies and uncertainties can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to our most recent annual report on Form 10KSB and other filings made by us with the United States Securities and Exchange Commission for more detailed discussions of the contingencies and uncertainties enumerated above and the factors underlying the forward-looking statements. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities and Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities and Exchange Commission at 1-800-SEC-0330. The U.S. Securities and Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities and Exchange Commission at http://www.sec.gov.

We disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy, or sell any security.

CUSIP No. 051642106

WKN: (Germany) 904846

Contact Information

  • Aurora Gold Corporation
    Lars Pearl
    President, CEO & Director
    (+41) 7887 96966

    Aurora Gold Corporation
    C/- Coresco AG,
    Level 3, Gotthardstrasse 20
    6304 Zug, Switzerland
    www.aurora-gold.com